Apple pay 450 million dollars for priced books



Apple Company Approved to pay about 450 million dollars to settle the case, which accuses them of conspiring with five of the top publishing houses to prove prices e-books .. according to court records released on Wednesday.

The settlement is based on the appeal which the company lost last year, which ruled that "Apple" violated antitrust laws own prices, after conspiring with publishers to raise the prices of e-books.

For its part, "Apple" is still denies involvement in this shameful act, where "kristin huguet" a spokeswoman for the company said : "We have not sinned, and we believe that a fair assessment of the facts will show that".

In case of approval of the settlement by the judiciary, goes the amount of $400 million to consumers, while the company will pay an additional $20 million to legal wages.

The lawyers who raised the issue on behalf of the consumer group and 33 U.S. states, intend to seek compensation worth 840 million dollars for damage to consumers who have been affected by high prices for e-books, during the court which scheduled to begin on 25 August.

As for the publishing houses which accused of conspiring with "Apple" they are "Hachette Book Group" "HarperCollins Publishers" "Penguin Group" "Macmillan" and "Simon & Schuster".

The publishing houses have already reached to settle the case against the payment of 166 million dollars. The announcement was made to reach a settlement at the end of last June, without the announcement of the details at that time.

Comments

Post a Comment

Popular posts from this blog

COVID-19 Pandemic Resources for Medical Librarians

Image
COVID-19 Closed All libraries Around the World COVID-19 (Coronavirus) Pandemic: Information Sources In this time of global uncertainty, we hope that you, your family, and your personal and professional communities stay healthy and connected. Information Sources for Covid-19 pandemic (corona-virus) The nation’s has been struck by a unique and universal crisis in the coronavirus pandemic. In response, the nation’s libraries and museums have stepped up in so many ways: virtual story times and e-books, virtual tours of collections and exhibits, provision of Wi-Fi and important local information to an increasingly home bound community. We are proud of the continuing hard work "mostly virtual" by real people staffing the many useful, enlightening, and needfully entertaining activities. We are Also proud to supply you The following links provide useful resources to librarians and their library users during the COVID-19 pandemic. This curated links w
Read more

6 Great Articles About The World's Most Famous Libraries

Image
Great Champ Library In this digital era, most people resort to reading books on Internet networks, single click on the reader gets the information it needs without incurring any effort. However, some libraries around the world with the unique designs and warm ambience makes the reader craves contact with books and spend long hours of reading and research. In other words, engineering libraries play an essential role in attracting enthusiasts reading and encourage them to maintain the special relationship that binds the reader to his book. Central Library in Seattle - Washington at the United Nations Modern and sophisticated Library, pulls tourists from all over the world, in its first year has had more than two million tourists. It is designed by Dutch architect "Rem Koolhaas" and The American designer "Joshua Ramos." The tour which began in 2006, two years after it opened. This library pursuant a brilliant engineered and a milestone in the design of l
Read more

Global Libraries Standards: Library Resource Management

Image
  Standards are used as broad lines and guidelines for the processes related to planning and implementing Library services. Standards are not a substitute for planning, but rather they are levels that represent the minimum requirements and resistances necessary for Library service. If they exceed this limit, they are acceptable, effective and recognized .. and If it fails to reach this minimum, it will be ineffective and unacceptable. From this standpoint, setting and developing unified standards that guide libraries and information centers becomes an urgent necessity, especially when planning library or documentary services followed by evaluation of their performance. As a continuation of The Global Libraries Standards Articles , we present a new standard “ Library Resource Management ”. You can refer to previous related articles : Global Libraries Standards: Cooperation Agreements Global Libraries Standards: Biblio Commons   Library Resource Management :
Read more